Be fearful when there is greed and be greedy when there is fear.

Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can't buy what is popular and do well.

Stocks are the only thing that people are happy to buy when the price goes up.

Basically, the single-most important decision in evaluating a business is pricing power.

I think the worst mistake you can make in stocks is to buy or sell based on current headlines.

Beware of geeks bearing formulas.